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Podcast: FIFE PROPERTIES - Helpful guides for buyers, sellers, landlords and tenants
Episode: ZOOPLA UK HOUSE PRICE INDEX REPORT – JUNE 2023
Description: ZOOPLA UK HOUSE PRICE INDEX REPORT – JUNE 2023
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Executive summary
• House price
inflation slows to +1.2% as quarterly growth rate turns positive following
pick-up in
  sales activity over Spring
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• Quarterly price falls set to return in H2
as higher mortgage rates hit buying power by up to 20%
• Jump in
proportion of sellers having to accept discounts to asking price of more than
5% in recent
  weeks rises to 42%– returning to 2018 levels
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• UK house prices still on track to fall by
up to 5% over 2023
•...